MODERN MANAGEMENT MANAGING IN THE GLOBAL ARENA PEIXIAN WU SCHOOL OF INTERNATIONAL EDUCATION MODERN MANAGEMENT
Modern ManageMent Modern ManageMent MANAGING IN THE GLOBAL ARENA PEIXIAN WU SCHOOL OF INTERNATIONAL EDUCATION
MODERN MANAGEMENT Objectives To help build your global management skill and attempt to acquire: I.An understanding of international management and its importance to modern managers "2.An understanding of what constitutes a multinational corporation "3.Insights concerning the risk involved in investing in international operations 4.Insights into those who work in multinational corporations 5.Knowledge about managing multinational corporations "6.Knowledge about managing multinational organizations versus transnational organizations "7.An understanding of how ethics and the preparation of expatriates relate to managing internationally
Modern ManageMent Objectives To help build your global management skill and attempt to acquire: § 1. An understanding of international management and its importance to modern managers § 2. An understanding of what constitutes a multinational corporation § 3. Insights concerning the risk involved in investing in international operations § 4. Insights into those who work in multinational corporations § 5. Knowledge about managing multinational corporations § 6. Knowledge about managing multinational organizations versus transnational organizations § 7. An understanding of how ethics and the preparation of expatriates relate to managing internationally
MODERN MANAGEMENT WAL-MART FACING GLOBAL PROBLEMS IN JAPAN The global management challenge for a manager: understanding the need to manage internationally managing a multinational corporation and its workforce understanding management functions and multinational corporations and transnational organizations following through on special issues like maintaining ethics in international management situations preparing expatriates for foreign assignments
Modern ManageMent WAL-MART FACING GLOBAL PROBLEMS IN JAPAN The global management challenge for a manager: § understanding the need to manage internationally § managing a multinational corporation and its workforce § understanding management functions and multinational corporations and transnational organizations § following through on special issues like maintaining ethics in international management situations § preparing expatriates for foreign assignments §
MODERN MANAGEMENT Content 1.Fundamentals of international management "2.Categories of organizations by international involvement 3.Management functions and multinational corporations 4.International management:Special issues
Modern ManageMent Content § 1. Fundamentals of international management § 2. Categories of organizations by international involvement § 3. Management functions and multinational corporations § 4. International management: Special issues
MODERN MANAGEMENT Content 1.Fundamentals of international management 2.Categories of organizations by international involvement 3.Management functions and multinational corporations 4.International management:Special issues
Modern ManageMent Content § 1. Fundamentals of international management § 2. Categories of organizations by international involvement § 3. Management functions and multinational corporations § 4. International management: Special issues
MODERN MANAGEMENT Fundamentals of International Management International management is simply the performance of management activities across national borders. The trend toward increased international management,or globalization,is now widely recognized
Modern ManageMent Fundamentals of International Management § International management is simply the performance of management activities across national borders. § The trend toward increased international management, or globalization, is now widely recognized
MODERN MANAGEMENT Fundamentals of International Management Different forms of International management:from simply analyzing and fighting competition in foreign markets to establishing a formal partnership with a foreign company. ■Example:AMP,Inc.: "a manufacturer of electrical parts,headquartered in Harrisburg, Pennsylvania,built factories in I7 countries because experience showed management NETCONNECT
Modern ManageMent Fundamentals of International Management § Different forms of International management: from simply analyzing and fighting competition in foreign markets to establishing a formal partnership with a foreign company. § Example: AMP, Inc.: § a manufacturer of electrical parts, headquartered in Harrisburg, Pennsylvania, built factories in 17 countries because experience showed management
MODERN MANAGEMENT How Managers Do It .JP Morgan Chase is an example of a bank involved in international management.JP Morgan Chase,the second-largest bank in the United States,is one of the latest financial institutions to launch a global banking business,targeting such rapidly growing economies as Brazil,China,and India.The bank will sell loans and commercial banking services to multinational organizations in an effort to expand its business outside the United States and reduce its dependence on the U.S.economy. JPMORGAN CHASE Co PMorgan
Modern ManageMent How Managers Do It § JP Morgan Chase is an example of a bank involved in international management. JP Morgan Chase, the second-largest bank in the United States, is one of the latest financial institutions to launch a global banking business, targeting such rapidly growing economies as Brazil, China, and India. The bank will sell loans and commercial banking services to multinational organizations in an effort to expand its business outside the United States and reduce its dependence on the U.S. economy
MODERN MANAGEMENT Billions of dollars 3.400 3.200 3.000 U.S.Investment Abroad- 2.800 2.600 2.400 2.200 2.000 1.800 1.600 1.400 FIGURE: 1,200 1.000 U.S.investment in foreign 800 Direct Investment in U.S. 600 countries versus foreign 400 200 investment in the United States 0 99697989920000102030405060708 Source:U.S.Bureau of Economic Analysis
Modern ManageMent FIGURE: U.S. investment in foreign countries versus foreign investment in the United States Source: U.S. Bureau of Economic Analysis
MODERN MANAGEMENT Content 1.Fundamentals of international management 2.Categories of organizations by international involvement 3.Management functions and multinational corporations 4.International management:Special issues
Modern ManageMent Content § 1. Fundamentals of international management § 2. Categories of organizations by international involvement § 3. Management functions and multinational corporations § 4. International management: Special issues